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Stock Report
ICI India Q3 net profit after tax at Rs.225.3 crores
Posted On : 2007-01-30 10:47:44( TIMEZONE : IST )
ICI India Ltd has announced the following Unaudited results for the quarter ended December 31, 2006:
The Company has posted a net profit after taxation of Rs 2253.00 million for the quarter ended December 31, 2006 where as the same was at Rs 82.70 million for the quarter ended December 31, 2005. Total Income (net of excise) is Rs 2319.00 million for the quarter ended December 31, 2006 where as the same was at Rs 2603.90 million for the quarter ended December 31, 2005.
The figures for the quarter ended December 31, 2006, are not comparable with those for the corresponding period of the previous year on account of divestment of Rubber Chemicals business in December 2005, and exclusion of Uniqema business results from September 02, 2006. On a comparable basis, during the quarter, sales from continuing businesses were up by 12%, and the corresponding segment profit increased by 37%.
